US Energy

Clean Power Plan: Congress backs court challenge to Obama’s climate plan

Two dozen states have sued to stop Clean Power Plan WASHINGTON _ More than 200 members of Congress are backing a court challenge to the Clean Power Plan, President Barack Obama’s plan to curtail greenhouse gas emissions. A brief filed Tuesday with the U.S. Court of Appeals in Washington argues that the U.S. Environmental Protection

Clean Power Plan: Congress backs court challenge to Obama’s climate plan Read More »

Feds’ energy conservation program upheld by US Supreme Court

Utilities argued energy conservation program targeted retail customers WASHINGTON _ The U.S. Supreme Court has upheld a 4-year-old federal program that pays large electric customers to save energy during times of peak demand. The justices ruled 6-2 on Monday that the Federal Energy Regulatory Commission had the authority to issue directives aimed at energy conservation and

Feds’ energy conservation program upheld by US Supreme Court Read More »

Average fuel economy increases, but public’s love of SUV risks future gains

Fuel economy standards spur technology and innovation WASHINGTON _ New cars and trucks averaged a record 24.3 miles per gallon last year, but falling gas prices and America’s rekindled love affair with SUVs could endanger future fuel economy gains. The Environmental Protection Agency said Wednesday that fuel economy rose in 2014 by 0.2 mpg, from

Average fuel economy increases, but public’s love of SUV risks future gains Read More »

GOP pushes to lift oil export ban in scramble to pass spending bill

GOP looks to lift oil export ban, Dems seek environmental concessions WASHINGTON _Republican demands to end the ban on exporting crude oil emerged as a final negotiating point Monday as lawmakers scrambled to complete a year-end spending bill needed to keep the government running. In return for lifting the four-decade-old ban, Democrats were seeking various

GOP pushes to lift oil export ban in scramble to pass spending bill Read More »

NRG Energy CEO Crane resigns, COO Mauricio Gutierrez to replace him

NRG Energy shares rose after announcement NRG Energy shares rose Thursday after the power company announced the resignation of long-time CEO David Crane and named a replacement. The company said Crane stepped down immediately, and he will be replaced by Executive Vice-President and Chief Operating Officer Mauricio Gutierrez. Crane had served as CEO since 2003,

NRG Energy CEO Crane resigns, COO Mauricio Gutierrez to replace him Read More »

US oil export ban: Republican dominated House defies veto threat, votes to lift ban

US oil export ban began in 1975 WASHINGTON _ Defying a White House veto threat, the Republican-controlled House on Thursday approved a sweeping bill to boost U.S. energy production, lift a four-decade ban on crude oil exports and modernize the aging electric grid. The first major U.S. energy legislation in nearly a decade, the bill would

US oil export ban: Republican dominated House defies veto threat, votes to lift ban Read More »

Ending US oil export ban, easing natural gas barriers, key to economic growth: Bush

US oil export ban created in 1970’s DES MOINES, Iowa – Republican presidential candidate Jeb Bush says ending the ban on U.S. oil exports and easing restrictions on natural gas exports will unleash the nation’s economy. The former Florida governor is calling for ending the 1970s-era law prohibiting the U.S. from exporting crude oil at a time

Ending US oil export ban, easing natural gas barriers, key to economic growth: Bush Read More »